Elemental Royalties – Steady State Production announced at the Company’s flagship royalty, Karlawinda
Fred Bell, President and CEO of Elemental Royalties (TSX.V:ELE – OTCQX:ELEMF) joins us to recap two recent news releases providing updates on the Karlawinda Gold Mine Royalty and the Wahgnion Gold Project Royalty.
Big new from Capricorn Metals (ASX.:CMM) reelased yesterday highlighting steady state production from the Karlawinda Gold Mine. We have Fred provide a background on the royalty and the team at Capricorn Metals. We then overview the estimated royalty revenue based on planned production. This asset will almost double the Company’s royalty revenue with a mine life of over 10 years.
Development from the Wahgnion Gold Project Royalty, controlled by Endeavour Mining (TSX/LSE:EDV) highlights the exploration plans for the next 5 years, targeting 1.5 to 2.0 million oz of gold.
If you have any follow up questions please email us at either Fleck@kereport.com or Shad@kereport.com.
Click here to visit the Elemental Royalties website and read over both news releases we discussed.
Nice trade Marty. Yes, pulling in double-digit gains in a day are always a nice win, and more than most mutual funds or generalist investors make all year long. 🙂
Back into NFGC @ $7.16
Back into NFGC @ $7.16. Great drill results 2 days in a row.
Really nice to get the operational update on some of Elemental’s key royalties and how that is moving the dial on their revenues, and how the exploration upside at these projects comes along all without any additional cost to the company.
Off topic: NFGC- sold a chunk @ $8.42, a 30% gain I’ll always take in 1 day.